El Paso Credit Union Hoap Inc

Analysis

El Paso Credit Union Hoap Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, El Paso Credit Union Hoap Inc reported income of $50k and spending of $42k, spending 84% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $902k to $50k (-94%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 91%. Over the whole period it spent 118% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, El Paso Credit Union Hoap Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Blare Terrace Corporation ($50k), Lone Star Circle of Life ($50k) and University Medical Center Candlelighters Inc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.